Simon Quick Advisors LLC Sells 6,027 Shares of BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ)

Simon Quick Advisors LLC cut its stake in BlackRock MuniHoldings New Jersey Quality Fund, Inc. (NYSE:MUJ) by 34.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,628 shares of the financial services provider’s stock after selling 6,027 shares during the period. Simon Quick Advisors LLC’s holdings in BlackRock MuniHoldings New Jersey Quality Fund were worth $133,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 1st quarter valued at $33,000. FMR LLC bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 1st quarter valued at $41,000. JPMorgan Chase & Co. bought a new stake in BlackRock MuniHoldings New Jersey Quality Fund in the 4th quarter valued at $88,000. Nomura Holdings Inc. bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 1st quarter worth about $114,000. Finally, Cetera Advisor Networks LLC bought a new position in shares of BlackRock MuniHoldings New Jersey Quality Fund during the 2nd quarter worth about $145,000. 15.13% of the stock is owned by institutional investors.

BlackRock MuniHoldings New Jersey Quality Fund Stock Up 0.3 %

NYSE:MUJ opened at $11.50 on Wednesday. The company has a 50-day moving average of $11.49 and a 200-day moving average of $11.00. BlackRock MuniHoldings New Jersey Quality Fund, Inc. has a 52 week low of $9.73 and a 52 week high of $11.70.

BlackRock MuniHoldings New Jersey Quality Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date is Thursday, March 14th.

About BlackRock MuniHoldings New Jersey Quality Fund

BlackRock MuniHoldings New Jersey Quality Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of United States. The fund invests primarily in long-term, investment grade municipal obligations exempt from federal income taxes and New Jersey personal income taxes.